Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-02-11
TIE STATE OLE TRADE.

| Special kilograms to Bradstreet's from
leading trade centers report only q mod
crate volume OF business, except at St.
Louis, Kansas City and Chicago, where
considerable activity is noted. vt most
other points there sre fair quantities of
merchandise moving. At Baltimore, Gal
weston, Dallas and Providence, there is less
animation. The labor troubles at the east
have greatly disturbed business. New
York's export trade has been interrupted
from scarcity of coal and striking trans
portetion employees. Within week sew
enteen Cosstwise steamers have been de-
layed an average of over three days each
from regular dates of sailing, and twenty
TWO transatlantic steamers IN average of
four and one-half days each. Ocean
frelghts are lower, and tramp vessels are
doing very little. Merchandise for the
west has been delayed, but not SO seri-
ously. An indication of the effect on New
York's commerce is seen in decline of
$4,000, coo in this weeks bank clearngs,
as compared with q gain of 5000, 900
in total New York clearings for the like
week of 1886.
The labor troubles are shown by Brad
streets to include 10000 strikers
INC SOuuLI SluSS JhuUdLS Il
of which about 80, 900 are at New York
city and vicinity. Industries employing
nearly Il 900 men have mad to shut down,
owing either to want of coal or because
of strikes of others. Lack OF coal at the
east for industrial uses will, if not soon
overcome. produce widespread loss. Of
fetal bank Clearings reports for January to
Bradstreet's, from thirty-tiye cities, show
decline of over 9 per cent. against jan
uary, 1886, due almost entirely to New
York city's decrease of 12i per cent,
caused in part by the effect of strikes on
general trade. January clearings from
other cities show an increase OF 10 40
per cent. over January, 1886. Bank
clesrings this week aggregate 81 ,005, 000,-
900, against S9SS,Or0,000 the week
before, and 81, OS7 100000 the cor
responding week last year, an in
crease this week of II per cent, and
decline from last year of 4 per cent.
With New York's decrease this week the
following Increased cleariugs are con-
trasted: Chicago, S7,2OO,0O0 Boston,
$4,000 900; Philadelphia, $500, 900, and
Baltimore, S4,300,0O0. Mercantile COL
lections are generally easier, though
severe weather northwest, rains in the
Ohio valley and rising rivers, and IN
seasonable weather in the southwest have
checked remittances and orders from the
interior.
a continuation of the var scare and
panic IN European money markets
brought further heavy sales OF securities
for foreign account, and caused deClin-
ing tendency i'll stock prices. This was
aided by the hesitating end sensitive con-
dition of investment and speculation, in
duced by the strikes and the doubtful
feeling about the Interstate law. For
eign exchange is high and strong, with
some apprehension that Europe may sell
enough securities to cause gold to be
shipped from this SIDE.
Higher prices have been recorded for iron,
steel, coal, coke, glass, cOttons, wheat,
corn, hog products and cattle, while
sugar, coffee, petroleum and -four are
lover. All of these are less active at the
east than LAST week, owing to the labor
troubles. Eastern pig iron is scarce. A
demand for 500 tons OF best grade, spot
delivery, cannot be met in New
York or Philadelphia. Bessemer
pig is 25@5O higher at Pitts
Durgh, and Lake Superior furnaces have
advanced pig 81 per ton since coke prices
were marked up 80 cents per ton by the
pool. Bridge and car materials and pipe
makers are freest buyers. Bessemer steel
ingot and rail production in 1856 in
creased so per cent. from 1885, but it Is
believed to be at its height now. The
president of one of the leading railway
systems has declined to favor extensions
of lines beyond those already provided
for.
Anthracite is no higher at wholesale at
New York or Chicago, but has advanced
at Boston. Retail prices depend on too
many influences to classify. Coal is NOV
ing east more freely, but far oelow re
ouirements. Bituminous is actiye. Pro,
duction in 1886 is reported by Brad
streets at 100000 short tons, against
65,0Q0,000 tons in 1885. Total